Worldcoin (WLD), a digital asset based on artificial intelligence (AI), is making a bold claim that the majority of users in Spain are in favor of its return, despite being banned in the country earlier this year.
In a recent blog post, Worldcoin, a project focused on privacy and utilizing eye-scanning technology, founded by OpenAI CEO Sam Altman, revealed that a study of 21,000 Spanish users indicated that approximately 90% of them support the reintroduction of the altcoin.
The blog post stated, “A recent survey of over 21,000 individuals in Spain, the first of its kind to give Worldcoin users a platform, highlights the growing importance of digital proof of identity in the country, and the recognition of the value provided by World ID. Notably, 81% of participants expressed feeling secure while using Worldcoin, with strong support for the resumption of Worldcoin operations in Spain.”
Worldcoin operates by requiring users to scan their eyes using a specialized orb peripheral. In response to regulatory orders in March, Worldcoin ceased data collection in Spain due to complaints about privacy invasion. Despite this, Worldcoin maintained that it was compliant with Spanish laws and threatened legal action against the country.
The blog post also mentioned that Worldcoin has agreed to suspend operations in Spain until the completion of a consultation process in 2024. This decision was made to allow the authorities responsible for overseeing GDPR compliance to conduct an audit.
At the time of writing, WLD is trading at $4.93, showing a slight increase in the last 24 hours. Stay updated by subscribing to email alerts or following on various social media platforms like X, Facebook, and Telegram.
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